Yonghui Superstores (China) Technical Analysis

601933 Stock   4.23  0.28  6.21%   
As of the 23rd of November, Yonghui Superstores maintains the Market Risk Adjusted Performance of (0.61), downside deviation of 4.59, and Mean Deviation of 4.13. Yonghui Superstores technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices.

Yonghui Superstores Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Yonghui, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Yonghui
  
Yonghui Superstores' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Yonghui Superstores technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Yonghui Superstores technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Yonghui Superstores trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Yonghui Superstores Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Yonghui Superstores volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Yonghui Superstores Trend Analysis

Use this graph to draw trend lines for Yonghui Superstores Co. You can use it to identify possible trend reversals for Yonghui Superstores as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Yonghui Superstores price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Yonghui Superstores Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Yonghui Superstores Co applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Yonghui Superstores Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 111.6, which is the sum of squared deviations for the predicted Yonghui Superstores price change compared to its average price change.

About Yonghui Superstores Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Yonghui Superstores Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Yonghui Superstores Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Yonghui Superstores price pattern first instead of the macroeconomic environment surrounding Yonghui Superstores. By analyzing Yonghui Superstores's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Yonghui Superstores's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Yonghui Superstores specific price patterns or momentum indicators. Please read more on our technical analysis page.

Yonghui Superstores November 23, 2024 Technical Indicators

Most technical analysis of Yonghui help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Yonghui from various momentum indicators to cycle indicators. When you analyze Yonghui charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Yonghui Stock analysis

When running Yonghui Superstores' price analysis, check to measure Yonghui Superstores' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Yonghui Superstores is operating at the current time. Most of Yonghui Superstores' value examination focuses on studying past and present price action to predict the probability of Yonghui Superstores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yonghui Superstores' price. Additionally, you may evaluate how the addition of Yonghui Superstores to your portfolios can decrease your overall portfolio volatility.
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